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Ep. 226 Tom Sosnoff: How To Trade Earnings Moves With Options Using Implied Volatility

Investing With IBD

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The Non-Correlation of Earnings

In 2005, we owned thinkorswim and customers were, you know, they wanted to trade. So I went to the SIBO with an idea to launch daily and weekly options. They said, okay, we'll launch weekly options as long as you introduce them to your customers. It might take us a couple of years or whatever but we can't do dailies right now. But that was how the whole thing started back in 2006. We're going to call them quickies, but we're going to get nothing for this. And even though you want to dailies, at least it's good marketing.

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